BRENT CRUDE OIL
BRENT CRUDE OIL
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: BRN
ISIN:

BRENT CRUDE OIL - Brent (ICE) (X4) MT: under pressure - 10/06/2014 (GMT)

  • 413
  • 0
  • Chart + Price target(s)

  • Target : Lower
  • |
  • Target 1 : 90,8
  • |
  • Target 2 : 88,5
  • |
  • Invalidation threshold : 98

  • Timeframe : 30 min.

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Our preference: Short positions below 98 with targets @ 90.8 & 88.5 in extension.
Alternative scenario: Above 98 look for further upside with 103 & 107 as targets.
Comment: The RSI has broken down its 30 level. The commodity remains within the bearish channel and the declining 50-day moving average maintains downside pressure.
This member did not declare if he had a position on this financial instrument or a related financial instrument.

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